Easy Office

Capitalisation of Assets

This query is : Resolved 

09 April 2011 If office building is to be capitalised under the category of Non factory building or office Building, then what about the heavy equipments installed for such building i.e. like Heavy DG set, Heating ventilation and water treatment plant, water chillers, Lifts etc. Under which category should these assets be capitalised.
1. Plant and Machinery
2. Electrical Equipments( DG sets)
3. or any other category,

10 April 2011 I think Plant & Machinery.
Refer Schedule XIV of Companies Act.



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